Colorado Number 3 on CNBCs 2010 Top States for Business

Date: Jul. 15th, 2010
Contact: Denver Business Journal Mark Harden

For the second year in a row, Colorado ranks No. 3 on CNBC's latest list of "America's Top States for Business."

The state rose from its 2008 No. 5 ranking by the cable-television business channel.

CNBC's annual America's Top States for Business report, released Tuesday, examines 40 different measurements and groups them into 10 large categories for the survey.

Colorado placed in the top 10 in three of the categories among the 50 states: quality of life (No. 2), business friendliness (No. 4) and workforce (No. 10).

It also ranks above the 50-state average in technology & innovation (No. 12) and access to capital (No. 15).

Colorado's lowest rankings are in transportation & infrastructure (No. 36), cost of living (No. 35) and education (No. 29).

At the top of CNBC's 2010 list, Texas and Virginia traded places this year from the 2009 ranking, with Texas now first and Virginia second. They're followed by Colorado, North Carolina and Massachusetts.

At the other extreme, Alaska again comes in last, followed by Rhode Island, Hawaii, Nevada and West Virginia.